Nano Market Capitalization Tops $114.25 Million (XNO)

Nano (XNO) traded up 10.2% against the U.S. dollar during the 24-hour period ending at 8:00 AM Eastern on November 6th. In the last seven days, Nano has traded 0.9% lower against the U.S. dollar. Nano has a market cap of $114.25 million and $1.93 million worth of Nano was traded on exchanges in the last day. One Nano coin can currently be bought for about $0.86 or 0.00001152 BTC on exchanges.

Here’s how other cryptocurrencies have performed in the last day:

• Bitcoin (BTC) traded up 7.8% against the dollar and now trades at $74,225.68 or 1.00000000 BTC.
• Dogecoin (DOGE) traded up 17.7% against the dollar and now trades at $0.20 or 0.00000271 BTC.
• Bitcoin Cash (BCH) traded 9.9% higher against the dollar and now trades at $372.83 or 0.00501140 BTC.
• UNUS SED LEO (LEO) traded 0.2% higher against the dollar and now trades at $6.06 or 0.00008149 BTC.
• Litecoin (LTC) traded up 6.2% against the dollar and now trades at $69.94 or 0.00094012 BTC.
• Monero (XMR) traded up 1.8% against the dollar and now trades at $162.14 or 0.00217943 BTC.
• Ethereum Classic (ETC) traded 6.7% higher against the dollar and now trades at $19.22 or 0.00025830 BTC.
• Bitcoin SV (BSV) traded up 9.4% against the dollar and now trades at $50.77 or 0.00068241 BTC.
• Arweave (AR) traded 12.6% higher against the dollar and now trades at $15.28 or 0.00020533 BTC.
• NyanCoin (NYAN) traded 2.2% lower against the dollar and now trades at $2.40 or 0.00008809 BTC.

About Nano

Nano (CRYPTO:XNO) is a proof-of-work (PoW) coin that uses the Blake2b hashing algorithm. Its launch date was October 1st, 2015. Nano’s total supply is 133,248,297 coins. The official website for Nano is nano.org/en. Nano’s official Twitter account is @nano and its Facebook page is accessible here. Nano’s official message board is blog.nano.org. The Reddit community for Nano is https://reddit.com/r/nanocurrency and the currency’s Github account can be viewed here.

According to CryptoCompare, “Nano (XNO), previously RaiBlocks, is a decentralized digital currency that addresses inefficiencies in existing cryptocurrencies. It uses a unique block-lattice architecture, enabling immediate transaction processing and scalability. The Nano network offers instant, fee-less transactions with unlimited scalability through an efficient consensus mechanism called Open Representative Voting (ORV). Nano is used for peer-to-peer transactions and is popular in microtransactions due to its instant and fee-less attributes. It was created by Colin LeMahieu in 2015 to address issues of scalability and fees in existing cryptocurrency designs.”

Nano Coin Trading

It is usually not currently possible to buy alternative cryptocurrencies such as Nano directly using U.S. dollars. Investors seeking to trade Nano should first buy Ethereum or Bitcoin using an exchange that deals in U.S. dollars such as Changelly, Coinbase or Gemini. Investors can then use their newly-acquired Ethereum or Bitcoin to buy Nano using one of the aforementioned exchanges.

XNO/USD price chart by TradingView